The fast-food and quick service restaurants market is anticipated to grow at a significant CAGR of 6.6% during the forecast period. The growth of the market will be majorly driven by its increased popularity of fast food across the globe as a convenient and easy to get food. Additionally, the continuous diversification of the menu coupled with the use of innovative delivery techniques such as go-to, pick-up, drive-thru, and online delivery are expected to propel the fast food and quick service restaurants market.
Moreover, the emerging countries across the globe still have huge untapped potential opportunities for the growth of fast food and quick-service restaurants industry owing to the less penetration of fast food in these countries. However, the growing health concerns among the people regarding the unhealthy eating habits of fast food will significantly challenge the growth of market growth during the forecast period.
Segmental Outlook
The global fast food and quick service restaurants market is segmented based on product type, category, store type, and distribution channels. Based on the product type, the market is sub-segmented into burger & sandwich, pizza & pasta, beverages, desserts, salads, donuts, and other products. Pizza and pasta are expected to hold a major market share during the forecast period. By category, the market is segmented into vegetarian food, non-vegetarian food, and vegan food. Vegan food is expected to witness a lucrative market growth during the forecast period. Based on the store type, the market is segmented into a chain store and independent store. Further, based on the distribution channel, the market is sub-segmented into online and offline.
The independent store segment will account for considerable growth
The independent store segment is anticipated to grow with a significant CAGR in the fast food and quick service restaurants market. The independent stores are more inclined to serve the local cuisine’s fast food hence are more popular among the local population. This will be the major driving factor for the segment growth. The food served by the independent restaurant is moderately priced making it affordable to the majority of the people which will present a growth opportunity for the segment. In addition to this, independent stores serving fast food can be found almost everywhere starting from small to large ones. This high penetration of independent stores across the globe will drive the segmental growth in the near future.
Global Fast food and quick service restaurants Market Share by Store Type, 2019 (%)
Regional Outlooks
The global fast food and quick service restaurants market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold a significant market share in the fast-food and quick service restaurants market during the forecast period. It can be attributed to the strong presence of global fast-food chains such as Wendys, Dominos, KFC, Taco Bell, and many more across the region. In addition to this, the high consumption rate of fast food among the people will also provide opportunities to fast food and quick service restaurants market to expand across the region. For instance, according to the CDC statistics, on any given day in the US, an estimate of 36.6% which is around 85.0 million adults consume fast food.
Global Fast Food and Quick Service Restaurants Market Growth, by Region 2020-2026
Asia-Pacific will show a lucrative market growth rate
Asia-Pacific is anticipated to grow with a considerable CAGR in the fast food and quick service restaurants industry owing to the increasing young consumer base coupled with growing urbanization across the region. Additionally, the increasing acceptance of fast food as a part of the everyday meal by consumers in the region will also impact the growing shares of the market. Besides, rising disposable income coupled with stable economic growth is enabling consumers to spend more on fast food hence, present new opportunities for the market to grow across the region. The rising trend of dining out in countries such as Japan, China, India, and South Korea is also witnessed which is expected to further fuel the market growth. Due to this, the global fast-food companies are also increasing their focus to expand their business in Asia-Pacific, which also presents new growth opportunities to the market during the forecast period.
Market Players Outlook
The key players of the fast food and quick service restaurants market include Domino's Pizza, Inc., McDonald's Corp., Starbucks Corp., Subway IP LLC, Yum! Brands, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including merger, and acquisition, expansion, new marketing strategies, funding to the small businesses, and new product/food menu launches to stay competitive in the market.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Domino's Pizza, Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. McDonald's Corp.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Starbucks Corp.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Subway IP LLC
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Yum! Brands, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Fast Food and Quick Service Restaurant Market by Product Type
5.1.1. Burger&Sandwich (Hamburger&Hot Dogs)
5.1.2. Pizza & Pasta
5.1.3. Beverage
5.1.4. Desserts
5.1.5. Salads
5.1.6. Donuts
5.1.7. Others Product (French Fries, Nuggets, Tacos,Pretzel, Croissant)
5.2. Global Fast Food and Quick Service Restaurant Market by Food Category
5.2.1. Vegetarian Food
5.2.2. Non-Vegetarian Food
5.2.3. Vegan Food
5.3. Global Fast Food and Quick Service Restaurant Market by Store Type
5.3.1. Chain Store
5.3.2. Independent Store
5.4. Global Fast Food and Quick Service Restaurant Market by Distribution Mode
5.4.1. Offline
5.4.2. Online
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Chick-fil-A, Inc.
7.2. Chipotle Mexican Grill, Inc.
7.3. Domino's Pizza, Inc.
7.4. Dunkin Brands Group, Inc.
7.5. Famous Brands Ltd.
7.6. Hardee's Restaurants LLC
7.7. Hunt Brothers Pizza, LLC
7.8. American Dairy Queen Corp.
7.9. LOTTERIA Co.,Ltd.
7.10. McDonald's Corp.
7.11. Nando’s Group
7.12. NORDSEE GmbH
7.13. Panera Bread Co.
7.14. Papa John's International, Inc.
7.15. Restaurant Brands International Inc.
7.16. Starbucks Corp.
7.17. Subway IP LLC
7.18. TELE PIZZA S.A.U
7.19. Wendy’s International, LLC
7.20. YO! Sushi UK Ltd
7.21. Yum! Brands, Inc.
1. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. GLOBAL BURGER& SANDWICH MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL PIZZA & PASTA MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL DESSERTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL SALADS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL DONUTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL OTHERS PRODUCT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY FOOD CATEGORY, 2019-2026 ($ MILLION)
10. GLOBAL VEGETARIAN FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL NON-VEGETARIAN FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL VEGAN FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY STORE TYPE, 2019-2026 ($ MILLION)
14. GLOBAL CHAIN STORE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. GLOBAL INDEPENDENT STORE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION MODE, 2019-2026 ($ MILLION)
17. GLOBAL ONLINE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
18. GLOBAL OFFLINE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
19. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
20. NORTH AMERICAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
21. NORTH AMERICAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
22. NORTH AMERICAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
23. NORTH AMERICAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY STORE TYPE, 2019-2026 ($ MILLION)
24. NORTH AMERICAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION MODE, 2019-2026 ($ MILLION)
25. EUROPEAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
26. EUROPEAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
27. EUROPEAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
28. EUROPEAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY STORE TYPE, 2019-2026 ($ MILLION)
29. EUROPEAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION MODE, 2019-2026 ($ MILLION)
30. ASIA-PACIFIC FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
31. ASIA PACIFIC FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
32. ASIA PACIFIC FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
33. ASIA-PACIFIC FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY STORE TYPE, 2019-2026 ($ MILLION)
34. ASIA-PACIFIC FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION MODE, 2019-2026 ($ MILLION)
35. REST OF THE WORLD FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
36. REST OF THE WORLD FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
37. REST OF THE WORLD FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY STORE TYPE, 2019-2026 ($ MILLION)
38. REST OF THE WORLD FAST FOOD AND QUICK SERVICE RESTAURANT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION MODE, 2019-2026 ($ MILLION)
1. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026(%)
2. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SHARE BY CATEGORY, 2019 VS 2026(%)
3. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SHARE BY STORE TYPE, 2019 VS 2026(%)
4. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SHARE BY DISTRIBUTION MODE, 2019 VS 2026(%)
5. GLOBAL FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SHARE BY GEOGRAPHY, 2019 VS 2026(%)
6. GLOBAL BURGER& SANDWICH MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
7. GLOBAL PIZZA & PASTA MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
8. GLOBAL BEVERAGE MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
9. GLOBAL DESSERTS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
10. GLOBAL SALADS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
11. GLOBAL DONUTS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
12. GLOBAL OTHERS PRODUCT MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
13. GLOBAL VEGETARIAN FOOD MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
14. GLOBAL NON-VEGETARIAN FOOD MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
15. GLOBAL VEGAN FOOD MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
16. GLOBAL CHAIN STORE MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
17. GLOBAL INDEPENDENT STORE MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
18. GLOBAL OFFLINE MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
19. GLOBAL ONLINE MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
20. US FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
21. CANADA FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
22. UK FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
23. FRANCE FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
24. GERMANY FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
25. ITALY FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
26. SPAIN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
27. REST OF EUROPE FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
28. INDIA FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
29. CHINA FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
30. JAPAN FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
31. REST OF ASIA-PACIFIC FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)
32. REST OF THE WORLD FAST FOOD AND QUICK SERVICE RESTAURANT MARKET SIZE, 2019-2026 ($ MILLION)